Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
UK fintech SumUp raises €750m
UK fintech startup SumUp has raised €750m (£643m, US$893m) from several investors including Goldman Sachs and Bain Capital Credit.
Bitcoin surges past $60,000 for first time
Cryptocurrency Bitcoin has risen for the first time above US$60,000 (£43,100 / A$77,000 / €50,000), continuing its record-breaking run.
Zego scoops $150m, securing its position as the UK’s first insurtech unicorn
Zego has cemented itself as the UK’s newest insurtech unicorn, just two days after Starling Bank joined the ranks.
Scottish Equity Partners takes significant stake in Glasgow-based fintech
Scottish Equity Partners (SEP) has completed a significant growth equity investment in Glasgow-based fintech firm AutoRek.
Starling Bank surpasses £1bn valuation with latest funding round
Anne Boden’s fintech challenger Starling Bank has raised £272m in a funding round that values the company at £1.1bn.
Fintech startup ClearGlass Analytics closes $3.6m for pension funds transparency platform
Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform.
UK P2P lender JustUs secures over £1.3m in capital to disrupt lending with better crowdfunded financial products
JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products.